Today, almost all banks issue credit cards. Owning credit cards is quite convenient, because if you top up the card and restore the limit, the money can be used many times. All possible transactions with bank cards are specified in the card use agreement. Each bank has its own terms and conditions for using cards.

Is it possible to withdraw money from a credit card?

The main purpose of credit cards is to make cashless payments at retail outlets or on the Internet. However, it is not uncommon for a situation to arise when cash is needed. In this case, you can use financial means located on a credit card. It should be noted that such an operation is identical to taking out a loan, because the money on the card belongs to the bank. And by withdrawing cash, you are practically taking out a loan from the bank.

Many financial institutions impose additional fees on cash withdrawals from ATMs. In addition, this transaction, as a rule, is not subject to the grace period that exists for purchase transactions. Therefore, you will have to return the money to the card taking into account this commission.

Each bank has its own commission percentage for cash withdrawals. In addition to interest, in addition, a fixed amount can also be withdrawn, which automatically leads to an increase in the fee for using money. In addition, often the interest rate for cash withdrawals differs significantly from the rates in force on non-cash payments. Each bank sets its own fees.

List of credit cards with the most profitable cash withdrawals at their ATMs

Apply to several banks at once, this will increase your chances of receiving credit card. The table (list) provides regularly updated information that is current as of November 2019.

• Loan interest: from 15.9% to 39.9%(15.9 - 29.9% for a tariff with annual payment; 27.9% - for a tariff with monthly payment; 29.9 - 39.9% per annum for cash withdrawal transactions;)
• Period without %: 55 days(applies to purchases and services)
• Sum: up to 700,000 rubles
• Refund: 10% for hotels 5% for air tickets on the website travel.tinkoff.ru 2% for purchasing tickets for movies, theaters, concerts via Internet banking or mobile bank 2% other transactions via Internet banking or mobile banking
• free insurance for $50,000 for travelers and luggage insurance for $1,000

• Issue fee: not charged
• Cost of 1st year of service: 0-2988 ₽ per year
• Cash withdrawal: 390 ₽ to 100,000 ₽/month 390 ₽ + 2% from 100,000 ₽/month
• Free delivery to home or office throughout Russia within 1 - 7 days
• Age: from 18 to 70 years
• Without certificates

Key points for withdrawing money from a credit card

Before you take money from a credit card, you need to carefully read the relevant clause in the agreement that you received upon registration. The possibility of withdrawing cash is usually specified in a separate paragraph. Here you need to clarify:

• Interest charged when withdrawing money from an ATM;
• Maximum possible withdrawal amount;
• Minimum fixed amount when cashing out.

All these points will differ not only depending on the issuing bank, but also on the status of the card. The higher the status, the more favorable conditions are offered to clients.

You can get cash from a credit card:

• At an ATM;
• At the cash desk of the operational part of the bank branch.

Cash withdrawal from ATMs

The presence of ATMs in almost all localities does not surprise anyone today. Even in a small settlement, as a rule, there is an ATM of some bank. Therefore, withdrawing cash is not difficult. The procedure for withdrawing from a credit card is similar to withdrawing from a regular debit card. But one more nuance needs to be taken into account. If you withdraw money from an ATM of another bank, an additional fee may be charged here as well. You should also pay attention to the one-time cash withdrawal limit set for this ATM. When withdrawing a large amount in installments, in addition to the fee for the service of the bank that owns the ATM, you will be charged a fixed commission amount each time, established by the credit card agreement. Therefore, if you need to withdraw a large amount, it is better to use the bank’s cash desk.

Receiving cash through a bank cash desk

In addition to an ATM, you can also withdraw money from a credit card at the cash desk of a bank branch. In this case, the withdrawal limit is limited only by the terms of the card agreement. When you contact us, the specialist will independently carry out all the necessary actions. Moreover, you can get money even if you don’t have a credit card with you. A mandatory requirement is to have a passport.

Some banks may issue money from another bank's credit cards. However, in this case, there will be a collection of commission not only provided for by your bank’s agreement, but also payment for the services of the bank in which you carry out the transaction.

In any case, cash withdrawal is accompanied by additional costs, in the form of an increased percentage for using money and a commission for cashing out.

Can I transfer to a debit card?

Still, there are ways to reduce monetary losses. Some banks allow you to transfer from a credit card to a debit card. In this case, there is no commission for cash withdrawals, but a fee will be charged for transfers between accounts. The possibility of carrying out this operation must be clarified in the contract or with bank specialists.

You can also transfer money from a credit card to online wallet, and then to a debit card. In this case, the commission will be significantly less than a withdrawal, and in some banks such an operation is equivalent to a purchase operation. This means that the grace period will also apply to her. However, please note that such an operation may take several days.

So, money from plastic card You can withdraw if you use an ATM or bank cash desk, or by transfer to an electronic wallet or debit card. But still, if it is possible to make cashless payments, you should use this particular card function. Then you can save not only part of your finances, but also time.

Almost everyone now has a credit card in stock, so to speak, “just in case.” It's convenient banking instrument to pay for purchases both in regular stores and on online resources. Is it possible to withdraw money from a credit card without paying interest?

Why do you need interest?

Any financial institution will never operate at a loss, therefore, by creating credit products even at the most favorable conditions for the client, the bank will not offend itself. Why are there commissions and interest for using cards?

Firstly, servicing ATMs and paying rent are not cheap, so many banks charge for withdrawals Money interest, and for some organizations it can reach about 10%. Secondly, issuing and servicing a card also requires cash costs from the bank, so usually financial institution charges a fee either for issuing the card or for its maintenance in the form of a monthly or annual fee.

But banks compensate for these nuances by the fact that interest is not taken when paying for purchases or housing utilities, as well as for transactions in online stores and when paying for mobile phones.

In addition, all banks offer interest-free periods for using a credit card. They can range from 50 to 100 days. If within deadline to repay the debt, the bank does not charge a fee for using the money.

But still, is it possible to withdraw money from a credit card?

How to cash out

For cashing out money, they may charge a percentage, and a considerable one. But there are some tricks, knowing which you can withdraw money without interest.

Everyone is familiar with WebMoney, Yandex.Money, Qiwi, etc. It is with their help that you can cash out a credit card. For transferring small amounts, of course, the bank will charge a percentage, and the service will take a commission. But starting from 3,000 rubles, you can withdraw money from a credit card without commission.

The only thing is that the payment system will in any case take its percentage when the money is withdrawn from the electronic wallet. But here it’s worth considering whether to give 0.8% (payment system commission), or from 3 to 7% (bank commission). The interest rate for withdrawing cash from a credit card depends on the bank’s conditions.

But when withdrawing funds from a credit card, the bank client must remember that in this case the grace period will not apply, and you will have to pay as usual, which is mostly positive, since this is an indispensable assistant in the absence of your own funds, it must be used with wisely, so as not to pay high interest rates later.

Bank offers

Let's look at how to withdraw money from a credit card of various banks.

Name of the bank	Basic conditions
"Tinkoff"	the minimum amount for cashing out is 3,000 rubles; The limit on withdrawal of funds is 300 thousand rubles. +% on the card; for exceeding limits, the bank charges a commission of 2%; when withdrawing less than 3 thousand rubles. the commission will be 150 rubles.
Sberbank	withdraw funds to an electronic wallet, minimum amount is 3,000 rubles; contact the bank's cash desk to withdraw funds (the commission will be up to 1.5%); commission for withdrawals from a Sberbank ATM - 3%, but not less than 390 rubles; commission for withdrawals from third-party ATMs from 4%.
"Alfa Bank"	the commission for cash withdrawal depends on the type of card and according to the terms of the agreement, but not less than 500 rubles; The grace period when withdrawing cash is maintained; The bank offers a cashback service using a card for purchases.
	You can only withdraw your own funds without interest; depending on the type of card, the withdrawal rate varies from 4.9 to 5.5%; You can withdraw no less than 300 rubles; The maximum limit per day is not more than 300 thousand.
"Bank of Moscow"	own funds can be removed for free; credit funds are withdrawn for 3%, but not less than 250 rubles; You can withdraw funds from ATMs of other banks for 1%, but not less than 150 rubles; Free card issue can be considered a bonus.
"Russian standard"	for withdrawal of own funds, 1.5% is provided, but not less than 150 rubles; for withdrawal borrowed money 4.9% provided; to withdraw funds you can use ATMs, terminals, electronic transfers; The grace period is not preserved.

Some tricks

For those who constantly use a credit card, the question “is it possible to withdraw money from a credit card” is quite relevant.

And apparently, it was these users who came up with several tricky ways, how to avoid large commissions and interest on cash withdrawals.

Here are some of them:

1. Buy any item in the store. According to the Consumer Rights Act, goods can be returned within two weeks without giving any reason. After paying for the goods with a credit card, the amount can be refunded in cash. This way, interest on the purchase is not charged, and after a while you have cash in your pocket.
2. Make a purchase in the online store. When paying for a purchase with a credit card, the bank does not charge interest. Then, after a while, you can cancel the order and request a refund to your debit card. But in this case you will have to wait up to five working days.
3. Invite a friend to use a credit card to make a purchase. In this case, a friend or acquaintance of the credit card owner pays for his purchase using the offered credit card. Accordingly, the cardholder receives cash in an equivalent amount.
4. Payment mobile phone. Topping up your mobile account from a credit card is interest-free. Then you can withdraw this money to a regular card. But here you need to remember that mobile operator may charge interest for its services. It turns out that the money will be withdrawn from the credit card without commission, but the operator will have to pay.

In addition to these cunning methods, there are probably other options for how to withdraw money from a credit card from minimum percentage or without it at all, but nothing is known about them yet.

Conditions of registration

When applying for a card, it is better to clarify with the bank manager whether it is possible to withdraw money from a credit card and what interest will be charged for this, so that there are no surprises in the future.

The conditions for obtaining a credit card are quite simple:

• The borrower can visit a bank office or fill out an online application for a card.
• The borrower's age must be from 21 to 70 years.
• You must have a regular income.
• The borrower must have a residence permit in the region where he takes out the card.
• You must provide the documents requested by the bank. Usually this is a passport and a second identity document. If the amount on the card is large, the bank may request a certificate of income.

In general, as can be seen from the requirements, they are similar to those presented when applying for any loan.

Credit cards are becoming increasingly popular among Russians. They have long become an alternative to conventional loans. But the profitability of use will depend on a number of factors. Many credit cards should not be used to cash out funds due to the availability additional payments and others negative payments. That is why many Sberbank clients are interested in whether it is possible to withdraw money from a Sberbank credit card without a commission? This will be discussed in the article.

Why don't banks like cashing out from credit cards?

Initially, credit cards were developed as an alternative to regular consumer credit. But then it was understood that the person would use the card directly for purchases. However, today many users have moved away from this principle and prefer to borrow cash this way.

Banks do not like this trend. That is why they come up with various conditions that would make cashing out unprofitable. More often we're talking about about the following tricks:

• promotion interest rate for the amount of funds cashed out from a credit card;
• the presence of an additional commission for withdrawing money;
• the end of the grace period immediately after withdrawing funds from the card.

In this article we will look at whether it is even possible to withdraw money from a Sberbank credit card without commission.

Withdrawing cash from Sberbank credit cards: conditions and fees

Sberbank, when issuing credit cards, also does not assume that they will be used to cash out funds. That is why financial institutions set not only daily limits on such transactions, but also commission fees.

Regardless of the type of plastic credit card, the owner pays the same cash withdrawal fee as all other Sberbank clients.

In this case, the amount of the commission will not be affected by the amount. But it should be noted that there is minimum size commission equal to 390 rubles. This means that cashing out completely a small amount It will be completely unprofitable for the client.

In addition, there is a difference in commission depending on which ATM the client uses:

• Sberbank ATMs will charge 3% as a transaction fee;
• ATMs of other banks charge 4% of the transaction in the form of commissions.

It turns out that using other people's ATMs will be even less profitable. Although the conditions at Sberbank are not the most pleasant.

Daily limits on cash withdrawals from Sberbank credit cards

Cash withdrawal fees are not the only disadvantage of most credit cards. In addition to this, the interest-free period on them ceases immediately after withdrawal of cash. Therefore, before withdrawing money, you should carefully study the terms of the contract - make sure that there is no clause in it about such a termination of the grace period.

In addition to the presence of a commission, there is also the concept of daily limits. This is quite logical, because even regular cards have similar restrictions. For regular credit cards, the daily limits are as follows:

• 50,000 rubles in case of cash withdrawal through an ATM;
• 150,000 rubles when receiving cash at the bank's cash desk.

Only premium card holders are entitled to withdraw more. But we will talk about these benefits later.

Benefits for holders of Sberbank gold credit cards

Some clients prefer to get a Sberbank gold credit card and use additional privileges. It must be said right away that the withdrawal fee for this plastic card is the same - 3 and 4%, respectively, when withdrawing cash through your own and other people's ATMs.

But the daily limits for such credit cards are higher. So, in a day you can withdraw:

• 100,000 rubles at an ATM;
• 300,000 rubles through the Sberbank cash desk.

One more advantage should be noted: owners of gold credit cards can use the emergency cash withdrawal service while abroad. In this case, the limit can reach $5,000.

How can you reduce the commission?

The commission for all types of Sberbank credit cards is the same. But does this mean that it cannot be reduced in any way? No, there are several options that will allow the client:

• maintain the grace period;
• reduce the cash withdrawal commission from 3 to 1.75% of the transaction amount.

In this case we are talking about using electronic wallets for cashing. The client can register in the WebMoney, Qiwi or Yandex Money system. Afterwards, all that remains is to transfer the money to the desired electronic wallet, and then withdraw it. But we must not forget that each system has its own restrictions, limits and commissions.

How to avoid additional costs when using a credit card?

Cash lovers should think about whether they really need paper bills? After all, this format of using funds from credit cards is considered the most unprofitable. Wouldn't it be better to find an alternative, avoiding the commission and maintaining the grace period?

Very few today retail outlets does not use POS terminals to pay for goods. Trade acquiring has long become something commonplace. Even beginning individual entrepreneurs use it.

There is one more trick here. For example, a person can buy an item at the expense credit funds, and then issue a refund. In this case, you can return them in cash or to your debit card. But it is worth remembering some of the risks of such a scheme:

• in some cases it will not be possible to return the product (for example, if the store does not want to accept the purchased product);
• the store can refund the money to the card from which the payment was made;
• Returning goods may take quite a long time.

There is another option - to pay for goods or make other payments in favor of other people, and they, in turn, will give cash. But here it is important to find a person who is 100% likely to give the required amount to the credit card owner.

Conclusion

In short, there are not many options to bypass the restrictions, but if desired, a Sberbank client will be able to receive cash without paying a commission and without ending the grace period.

Issuing credit cards is one of the most popular and sought after types banking services. However, like any other service, the bank provides borrowed funds by charging a certain percentage. In addition to its main purpose, cashless payment for purchases, you can withdraw money from a credit card without commission if you follow certain rules.

Features of using cards

Credit card – banking product with a set limit on the use of a certain amount of bank funds and the charging of commissions. During a certain period, the bank gives the opportunity to use funds without accruing interest, provided full refund amount borrowed from the bank before the expiration of the so-called grace period.

However, with regard to cashing out funds from a card, the situation looks different: interest accrual begins from the first day of use, and when cash is issued, a fairly significant commission is debited from the account.

The commission amount is usually set as a certain percentage of the amount, or a withdrawal limit is set and a fixed fee is charged. In the latter option, cashing out is especially unprofitable if the amount withdrawn is small.

Usage credit card for cash issuance - an exceptional measure, since the main purpose of banking plastic is to carry out non-cash transactions.

A credit card is issued to the borrower to perform the following operations:

• payment for goods in retail stores and services of various organizations;
• communal payments;
• mobile phone account replenishment;
• Money transfers;
• payments in online stores, other online payment options.

Thus, when contacting a bank for a credit card, you should remember that cash withdrawal is not included in the list of basic services of a financial institution.

However, the holder of this type of plastic card can reduce withdrawal costs or even avoid additional fees if you know how to cash out a credit card without interest.

If you plan to withdraw borrowed funds in cash, the borrower needs to inquire about the terms of cash withdrawal and the possibility of doing this without interest during the process of applying for a card.

Each credit institution has its own tariffs for this service. When choosing a credit card issuing bank, you should find out what conditions different organizations provide:

• Uralsib allows you to withdraw money from the card, charging 2.0% of the amount, but not less than 300 rubles;
• HomeCredit– 4.9%, but not less than 100 rubles;
• Trust– 4.9%, not less than 290 rubles;
• Tinkoff Bank– if the amount exceeds 300 thousand rubles (3 thousand per withdrawal), the cash commission will be 2.0%.

Some banks do not impose commission requirements, allowing you to withdraw funds without additional costs. Such organizations include Raiffeisen, Soyuz, Nordea. However, the last two banks do not provide any grace period.

Despite the restrictions associated with cashing out, you can find the most convenient way to withdraw money from a credit card without commission and bypass the bank’s requirements on completely legal grounds:

1. Promotional offers. Very often, when a borrower receives a credit card, he soon receives an SMS notification that the bank allows cash withdrawals absolutely free for a certain period. Such promotions are carried out by many large financial institutions: Alfabank, Promsvyazbank, Bank of Moscow, VTB, etc. Among the disadvantages of this option, it should be noted that it is impossible to predict when such a promotion will be held and whether it will be provided at all.
2. The use of special cards, for example “Kukuruza”, “Beeline”, etc. Such plastic products provide for quick replenishment through Personal Area user, as well as the possibility of interest-free transfer to other cards using special sections designed for loan repayment. Thanks to this function, you can withdraw money from your credit card without interest during the grace period. Among other things, you can take advantage of various bonuses provided by the bank when performing transactions (accumulation of bonus points, miles, etc.)
3. For some credit cards, it is possible to withdraw funds through an ATM or terminal using the replenishment scheme using the telecommunications code MCC 4814 (for example, when replenishing a Yandex.Money wallet).
4. Even within the same bank, you can withdraw from a credit card without paying for it allotted interest using personal internet account or mobile app. An example of this method of withdrawing from a credit card to a debit card or electronic wallet is Tinkoff Internet banking. The condition for an interest-free withdrawal will be a transfer amount of no more than 500 rubles.
5. Application of money transfer systems such as Contact, Unistream and others. You can withdraw money from the card through a transfer, using electronic wallets, and cash is received at branches of payment systems. You should be careful - for transferring funds by the payment system, fees may be charged for services performed.

Less popular, but also providing benefits in the form of getting rid of interest, are several more options:

1. Purchase gift cards various partners credit organization. This can be done in large retail chains, and then the money is transferred to debit plastic via a regular transfer. Such proposals were especially popular in Russian Standard. The main difficulty is to find a point of sale of such gift cards among retail outlets, excluding purchases at the bank itself.
2. The use of electronic currency exchangers is also infrequent, but the option is quite feasible and leads to savings in interest on withdrawals. When using an exchanger, you need to be prepared for additional commission from the exchanger itself. Electronic currency is purchased using borrowed funds from plastic, while some services provide a good discount when cashing out and for a large volume.

The simplest cash-out schemes

Refunding amounts spent on a purchase in a store is the easiest way, which does not require special knowledge in the use of electronic wallets, online banking, etc. Anyone who has paid with a credit card in a store and then decided to return the goods can use it. The amount spent for an expensive purchase is returned from the cash register or to the details specified by the buyer.

A similar scheme is also applicable for online payment for services with further cancellation (for example, hotel booking, if the conditions allow for free cancellation).

There are difficulties in implementing this scheme. Sometimes the seller may refuse to satisfy a return request due to the characteristics of the product, expiration date, return period, etc.

Despite the difficulties in resolving the refund issue, this method allows you not only to receive cash for the payment amount, but also to receive additional profit in the form of bonuses and cashback. It is especially profitable to pay for goods with a further return if the operation was carried out during the validity of the increased cashback in a particular area. For example, you can pay for a hotel reservation during the promotion period with a high cashback, and then cancel. As a result, you can earn money by accruing additional interest and return the money using your debit account details.

Another simplest option is cashless payment services or goods for third parties with further return in the form of cash from those in whose interests the payment was made. The simplest example– purchasing any product in a retail store or online and transferring it to the customer for cash. Some negotiate payment for several persons for services cellular communications, television, internet, utilities, etc.

Both of the above schemes require mandatory compliance with important conditions:

• presence of a connected grace period;
• repayment of the used loan before the end of the grace period.

Cashing out funds is often associated with the use of virtual wallets and the use of electronic payment systems. Therefore, it is important to figure out how to cash out money from a credit card using a scheme with withdrawal through payment systems.

How to cash out a credit card without interest Hello, dear readers! This week turned out to be “lucky” for incidental situations.

A client of our bank participated in one of them. He issued a credit card, but did not understand the terms of its use.

And when I started withdrawing cash from an ATM, I was upset that I had to pay a certain percentage for the service.

Later he took out all his frustrations on our bank employees. Colleagues sent him to me.

During the conversation, I told him why interest is charged and how to cash out a credit card without interest. I hope he was pleased with the conversation. Useful tips I’ll give you some information on this topic as well.

How to withdraw money from a credit card without commission

Recently, many people have been using bank services and borrowing money. large sums, so that you can cash them out from your credit card if necessary. Borrowers are not happy with the fact that money is withdrawn from the account with very large overpayments for servicing.

Attention!

As a result of such an operation, a person ends up with a completely different amount of money than he expected to receive. Many investors would like to learn how to save money by reducing the commission, or even withdraw money from a credit card without a commission.

The conditions for withdrawing funds are determined by the provisions of the contract entered into by the bank and the depositor. The entire procedure for withdrawing money under the agreement is strictly regulated: sometimes there is no interest for servicing at all, in some banks they are maximum.

Most banks do not charge fees for non-cash payments with a credit card. How can you withdraw money from a credit card with minimal fees?

• Service fees are minimal when cashing out your own funds that were previously deposited onto the card.
• The commission will be relatively high when withdrawing money from your bank’s terminal.
• The maximum interest will be when withdrawing funds from ATMs of other banks.

Certain options are possible here: for example, not all banks provide the opportunity to withdraw money from a credit card without commission, even the customer’s own funds. Some banking institutions They charge from 1 to 10% of the amount cashed out for performing such an operation.

There may be this option: without commission, you can only withdraw a certain small amount. Some banks introduce minimum interest payments, so in some cases it is not profitable to cash out small amounts.

However, there is a way to withdraw money from a credit card without interest. This option is not standard, but it exists: the required amount must first be transferred from a credit to a debit card, which is opened in the same bank.

After this, you can withdraw funds from your debit card without interest on cash withdrawals. However, it is worth noting that banks have recently been less likely to provide such an opportunity to borrowers. It is possible that in order to comply with the conditions for issuing cash without commission, the bank will set a minimum withdrawal amount.

Many banks are aware of this opportunity for the borrower to withdraw funds without commission, some of them position this as additional service. In such a case, banking institutions try to benefit as much as possible from an already working tool.

Warning!

All sorts of tricks and loopholes are good, but the decision to cash out money from a credit card without a commission may not be the only correct one. Problems with paying interest on card services can also be avoided when making non-cash purchases.

Considering all of the above, we can recommend using credit cards for their intended purpose. In this case, there will be a grace period, an account limit that will constantly increase, bonuses, the opportunity to participate in many promotions and drawings of valuable prizes, as well as the opportunity to take advantage of other privileges and offers.

source: zanimaem-online.ru

How to get cash from a credit card without commission

U bank card there are a number of advantages: ease of registration, interest-free grace period, bonuses, etc. But one of the disadvantages of a plastic card is the commission for cashing out at ATMs. But there are options that will help you bypass this fee through transfer to another card, electronic wallet, etc.

Credit card

Credit cards are a tool that is intended for non-cash payments.

To force citizens to use credit cards to pay for purchases and services at retail outlets or on the Internet, and also to discard the possibility of using credit money To cash out funds from other accounts or place them in a banking organization at interest, special tariffs are assigned for withdrawals, transfers and other actions.

Why there is a commission Every financial and credit institution directs all its activities to obtain benefits.

Since renting a place, servicing an ATM and spending money on the operation of the machine will be expensive, when cashing out funds from the card, interest is deducted, the amount of which can vary greatly among different banking organizations and sometimes reach more than ten.

In order not to frighten its clients by constantly charging interest for any action, the banking organization does not charge a commission for some of them. For example, when paying for services and goods through non-cash transactions through a store or the Internet.

And also for replenishing a mobile phone, paying for cable TV and utilities through the terminal. Making such payments is profitable and convenient. This is the only option for interest-free lending. The grace period of the card lasts from 50 to 60 days. If you put money on the card during this time, no commission will be charged.

How to cash out from a credit card without commission?

Many people are interested in the question of how to cash out money from a credit card without commission. There are several options on how to do this. For example, you can pay for some product in a store and then give it back.

In such a situation, the store will give you the funds in cash through the cash register. You can also buy something on the Internet, and then refuse the purchase, leaving the details of a debit card for a refund, from which you can cash out without interest.

You can also transfer money from a credit card to a debit card that is opened in the same banking organization. After this, you can withdraw money from your debit card.

But it is advisable to use a credit card for non-cash payment, when there is an interest-free period of 50 days, and not to figure out where and how to get cash for free. And if you really need funds, then it’s easier to take out a consumer loan, where the interest will be lower than the rate on a card loan, which will be 24% excluding commissions.

Through the Internet

You can withdraw funds from a credit card via the Internet. Many people know what it is electronic currency. In this situation, you should be interested in the Qiwi service. It is he who allows you to withdraw cash from a credit card without commission using a simple, step-by-step system.

To do this you need to follow these steps:

1. Get a Qiwi wallet. You will need a phone, internet and a few minutes.
2. Transfer funds from your credit card to your electronic account. If cash is difficult, you can arrange online loan to the card even without a credit history.
3. Transfer funds from an electronic account to a debit card of any banking organization.
4. Withdraw cash without commission.

If you know at the stage of applying for a credit card that you will be withdrawing money, then the main parameter that you need to look at when choosing a card should be the withdrawal fee.

Advice!

Spend a few hours, learn bank rates for withdrawals. For example, in Bank Uralsib the commission is equal to 2% of the amount, minimum 300 rubles, in Homecredit Bank the commission will be equal to 4.9%, min. 100 rubles, at Trust Bank - 4.9%, min. 290 rub.

Among the cards without a withdrawal fee, but without a grace period for withdrawal, one can highlight the Raiffeisen Bank card. Also, the Union organization and Nordea Bank offer credit cards with free cash withdrawal, but without any grace period at all.

At Tinkoff Bank

IN Tinkoff Bank do not provide for various commissions if more than three thousand rubles are withdrawn from it at a time. If less than 3 thousand rubles are cashed out, then the commission will be 150 rubles. The fact is that three thousand rubles is not a lot, and you always have it on your credit card.

There is also a monthly cash withdrawal limit, which is equal to 300 thousand rubles plus the amount of interest that is charged to the credit card from your deposits.

That is, you can withdraw 3 thousand rubles many times from all ATMs, but the size withdrawn money should not be more than 300 thousand rubles plus the amount of interest not previously withdrawn from deposits. If you exceed the limit, the commission will be 2% (but you must cash out at least 150 rubles at a time).

In Sberbank

One of the most available ways withdrawing finances from a Sberbank card is to ask the cashier for help or go to the organization’s ATM. In this case, you need to count on a commission of one to one and a half percent.

In order to cash out money with the least losses, you need to use the following scheme:

• Get a Sberbank credit card.
• Register with a payment system that accepts and transfers funds to a debit card. These include, for example, Yandex money or Qiwi wallet.
• Throw over the required amount from a credit card to a Qiwi wallet. This will allow you to lose only 0.75% of the transfer amount, but there is still a grace period, because a transfer to the wallet of this system is not considered a sending of funds, but rather a purchase of a product (service).
• Open a debit card at a bank where you can withdraw funds without commission, and accepting money will be free.
• Send a finance transfer from Qiwi wallet to a debit card.
• Withdraw funds from the card in any way.

Of course, during the registration procedure you need to look at the conditions interest-free withdrawal or replenishing a debit card, because different banking organizations have their own conditions that may change. Such schemes are justified if you need to withdraw a lot of money.

At Alfa Bank

Bank fees for cash withdrawals The most basic option that Alfa Bank offers for withdrawing cash is using an Alfa Bank ATM. To do this, you don’t need to go to a bank office; machines can be in shopping centers, cinemas and other places. The Alfa logo is easy to recognize, and using the ATM is simple and accessible.

The location of the electronic device in the city can be found by going to the official website, where the operating hours are also indicated. There is no commission if money is withdrawn from a debit card, that is, it is the banking organization’s client’s own money.

In the situation of using a credit card, there is a commission according to the agreement. If you need a currency that differs from the currency of the debit account, then when cashing out, a conversion takes place at the exchange rate, and interest is charged for this process.

Warning!

If money is needed this moment, and there are no Alfa Bank ATMs nearby - without commission you can withdraw funds through the electronic machines of partner organizations. This means that you can use the services of an ATM of another organization under the same conditions as in Alfa Bank devices.

This opportunity arose several years ago due to the tendency of financial institutions to make their services even more attractive to customers and their service even more convenient.

Bank Aval

It often happens that when applying for a credit card from a bank, we forget to ask where there are ATMs of this organization or ATMs of partner banks. It turns out that in a small town there are not enough ATMs for a developing organization, and we are in a hurry to cash out money from a credit card.

The following situation arises: you go home and think where is the nearest ATM of your organization to withdraw money without interest, but it turns out that there are only two of them and they exist on different sides of the city, then you go to the nearest ATM of any banking organization that says - Commission for withdrawing cards from other banks is not charged.

You put in a card and withdraw the money you need, but you soon discover that your account balance is much less. It turns out that you were deceived. Banking organizations pay interest on cards of other banks, and this is no longer a secret.

In order not to become a victim of overpayment when cashing out, you must know which partner banking organizations offer to use their ATMs without withdrawing excess interest and which organizations they belong to.

Bank Aval cooperates with several banking organizations, which allows customers to withdraw cash from the card without paying additional interest from ATMs of these organizations. A number of Raiffeisenbank partner banks:

1. UniCredit Bank.
2. AKB Rosbank.
3. Uralsib.
4. MDM Bank.
5. Tatfondbank.

All tricks are good, but the decision to withdraw funds from a credit card without a commission may not be the only correct one. Problems with paying interest on card services can also be avoided in the situation of making non-cash purchases.

It is advisable to use credit cards for their intended purpose. Then there will be a grace period, an account limit that will grow, bonuses, and the opportunity to enjoy other privileges and offers.

source: http://site/zaimgid.ru

As you probably already know, withdrawing money from an ATM using a credit card is dangerous due to extortionate fees and increased interest on loan. We will discuss one way to cash out a credit card without direct cash withdrawal in this article.

Attention!

Everyone knows very well such a payment system as “Qiwi” (qiwi.ru). And many already have a wallet in this system. If not, then registering is very easy, all you need is a mobile phone. You don’t even need the machine guns that are stuck everywhere like mushrooms. You can register now online.

We will transfer money from a credit card to a wallet in this system. Replenishing this wallet qualifies as a purchase, which is exactly what we need in order to maintain the grace period for lending and low percentage on loan.

Cashing out a credit card

You can top up your wallet at 0.5-0.75% directly from the interface. Select Top up from the menu above -> Bank cards. The Register Card button will appear. Press it and follow the system instructions. After linking your credit card, you can transfer money to your wallet. The credit card can be from any bank. In general, there is nothing complicated here.

Now we need to withdraw our money from the Qiwi wallet. To do this you must have debit card any bank presented on the Qiwi website at the top in the menu section: Withdraw -> Bank accounts/cards. If you don’t have a card, it won’t be difficult to get one, since banks distribute them to everyone.

Choose your bank, enter the required data and withdraw money to your card. Then withdraw them from your ATM! Usually the transfer of funds is carried out instantly.
When withdrawing funds, Qiwi also charges a commission. It is different in all banks, but much less than it would be if you cashed out a credit card directly, and most importantly, you retained the grace period for the loan and a low interest rate on the loan!

Cash out a credit card - basic methods

How to cash out a credit card Credit cards are cashed out for different purposes. Someone needs a large purchase, but they can only pay for it in cash.

Someone needs working capital for business. Someone wants to make money on income cards using only credit funds.

In this article, we will consider ways to cash out a credit card to maintain a balance of 100,000 rubles on an income card, for example, on Tinkoff Platinum with a yield of 10% per annum.

1. Option: ATM

The simplest thing that can come to mind is to find a card with a minimum fee for withdrawing cash and not falling out of grace. There are such cards, but the benefits will be minimal. Of those listed in the link, the Oksky bank card is best suited for us. Maintenance 0 rubles, grace up to 51 days.

According to rough calculations, we will need to transfer money from a credit card to an income card and back 7 times a year. Total 10-7=3% or 3000 rubles of income from credit money.

2. Option: QIWI → Internet wallet

In this option, QIWI acts as an intermediate link in your “credit card-income card” scheme. To use the scheme:

1. Register on QIWI.
2. Link your credit card to your QIWI wallet.
3. Top up your QIWI wallet by selecting: Top up – Bank cards – Select your card. Topping up will cost you between 0 and 0.75%.
4. Withdraw money from QIWI by selecting: Withdraw-Bank accounts/cards-Tinkoff. Withdrawals to this card will cost 0%.

Let’s assume that the grace period on your card is 51 days and then, as in the previous version, we will need 7 withdrawals/replenishments per year. The calculation is the same rough as last time: 10-5.25 = 4.75% or 4,750 rubles of income from credit money.

3. Option: Buying QIWI at ATMs

This method will require you to experiment. Essentially it is similar to the previous one. You will only need to carry out the QIWI replenishment operation at ATMs using the QIWI wallet replenishment function. What does experimentation have to do with it? Despite the fact that:

• There is no consolidated information about which ATMs will accept your money with a 0% commission.
• Some ATMs charge a higher commission for this operation for “their” cards, others for strangers.
• This is the experiment - find an ATM to top up your Qiwi wallet with your credit card with 0% commission. Find it and don’t tell anyone, otherwise the shop will be closed.

For this option, the calculation is similar to the previous one. Let us assume that grace is also equal to 51 days. Just like in the previous version, we will need 7 withdrawals/transfers. We will transfer through Promsvyazbank ATMs for 0.75%. It turns out: 10-5.25 = 4.75% or 4,750 rubles of income from credit money.

4. Option: Online translation from card to card

Everything is simple here. To cash out the card, we use the service of Russian Standard or Alfa Bank. When transferring from any card to the native cards of these banks, the commission will be 0.5%. It seems to me that the option with the Russian standard is more convenient here, because... he has free Internet bank and income card “Postal”.

Advice!

When using this option, please note that your bank may consider this operation a cash withdrawal and will deprive you of grace or apply a cash withdrawal fee. Grace is still 51 days. We will need to make 7 withdrawals/transfers.

We will transfer through the Russian Standard service for 0.5%. It turns out: 10-3.5 = 6.5% or 6500 rubles of income from credit money.

5. Option: Transfer from card to card via ATMs

A variation of the previous method. ATMs of some banks have a card-to-card transfer function. For example, in Russian Standard or Master Bank. We are looking for such ATMs and also transfer for 0.5%.

If the grace is still the same and equal to 51 days, there will be the same 7 withdrawals/transfers per year. We will transfer through Russian standard ATMs for 0.5%. It turns out: 10-3.5 = 6.5% or 6500 rubles of income from credit money.

6. Option: Avangard Internet Bank

To implement this option, you will need a credit card from Avangard Bank, access to its Internet bank and a registered QIWI wallet. If this is all you have:

• We go to the Avangard Internet bank,
• Go to “Payments” and check the boxes “Select only preferential transactions” and “Select only transactions without commission”
• In the “Category of payment recipients” select “payment systems”,
• In the “Payment recipient” field, select “QIWI wallet”,
• Well, then we enter the transfer details - the phone number to which the QIWI wallet is registered and the transfer amount.

Grace will be 50 days old, we will need to do 7 transfers in a year. The transfer fee will be 0%. The result will be: 10-0=10% or 10,000 rubles of income from credit money.

Summary

This was just a brief overview. Each method has a lot of nuances, and bank tariffs are constantly changing. Therefore, consider this article not as instructions for use, but as a hint card. If you have any questions, welcome to the comments.

source: moneyradar.ru

How to withdraw money from a credit card without getting sanctioned?

Almost all credit cards have a so-called grace period or grace period, during which you can make purchases and pay with the card without accruing interest.

Warning!

Different banks set different terms. As a rule, this is 45-60 days without commission, during which the entire debt must be repaid. However, in most banks the grace period only applies to non-cash transactions.

All credit card owners know that for cashing out borrowed funds, the grace period is lost and interest begins to accrue. In fact, interest accrues from the moment the client withdraws funds from the card at an ATM. In addition, for the transaction itself you will have to pay a commission based on the amount of funds issued.

The percentages here are ungodly and, taking into account recent events, have risen by another 3-5% points, amounting to 8-10%. However, very few people know how to withdraw money from a credit card and stay on grace period. Today we will look at all the ways that will help you use cash borrowed from a credit card for free.

Method one - withdrawal of funds from a credit card via Qiwi

If you don't have your own wallet in this payment system, the first thing you need to do is register. To do this, you don’t have to leave your home; just open the official website of the payment provider on the Internet, enter your mobile phone number and come up with a password.

Next, you will need to link your credit card to your wallet: Bank cards - Add. In the field that opens, enter the credit card number and link it to the wallet. Next, all you have to do is transfer money from the card to your Qiwi wallet. This option is not free, it costs from 0.5% to 0.75% of the transfer amount. To withdraw money from Qiwi you need to have a second card, for example, a regular debit or salary card.

We withdraw money to it, paying a small commission, and withdraw funds from an ATM. The withdrawal fee is 2-2.5%. This is not small, but still not 8.9%. At the same time, the grace period is maintained, since it turns out to be a cashless purchase on the Internet. So you save double.

Method two - withdrawal of funds from a credit card via Yandex.Money

If you don’t have a Qiwi wallet, a payment card from Yandex will do. In principle, all the same actions, only the percentage will be slightly higher, about 4-5% of the transfer amount, but the grace period will remain.

At the same time, you need to remember that Yandex.Money is very fond of freezing client funds, finding various reasons. Therefore use this method It’s better as a last resort, when there are no other options left.

Among electronic wallets, the most profitable is cash withdrawal through the WebMoney system. However, the method is only suitable for users who already have an account in the payment system. It will take a lot of time to create it, upload passport scans and receive a certificate. The procedure for withdrawing and receiving money from a credit card is similar to the first two methods. The grace period will remain intact.

However, all of these methods (except the last one) have a slight drawback. According to the laws of the Russian Federation, transactions worth no more than 15,000 rubles at a time can be made through electronic wallets. That is, if you need to withdraw 20,000 rubles from a credit card, then the withdrawal-deposit operation will have to be done twice.

Method three - transfer from card to card through the MasterCard Moneysend service or the special MasterCard Mobile application

How to withdraw money from a credit card To carry out wire transfer Using this service, you need to go to the official website of the system on the Internet, go through the registration procedure and you can use: Money transfers- transfers from card to card. A field with the card details of the sender and recipient will open in a new window.

You need to fill in the information (both card numbers, sender’s CVC code and expiration date of the plastic card). Next, you need to enter the required amount and confirm the operation using a one-time generated code, which will be sent to the mobile phone specified during registration.

Just before using this option, you need to familiarize yourself with the tariffs and rules for servicing the credit card issued by your bank. It is known for certain that for such transfers on credit cards of MDM Bank, Alfa-Bank, Credit-Moscow, the grace period remains untouched, but I cannot vouch for others. In addition, many banks place restrictions on transfers through Moneysend, while others charge a commission as for cashing out at an ATM.

Method four - grace for a high percentage

You can cash out money from a credit card and stay within the grace period by topping up your mobile phone account. That is, you simply put the required amount on your phone (1,10,20 thousand rubles), and subsequently withdraw funds to a debit card through the same Qiwi wallet.

Attention!

However, you will have to pay a commission if the bank charges one for paying for mobile communications, and you will also have to pay for withdrawing funds from your Qiwi wallet.

In general, before choosing a bank to get a credit card, it is better to give preference to those credit institutions and those cards for which the grace period applies not only to non-cash purchases, but also to withdrawals from ATMs. Among these are: UBRD, VTB-24, Renaissance Credit, Russian Standard and many others.